Public Charity

NEWVUE COMMUNITIES INC

Based in FITCHBURG, MA, NEWVUE COMMUNITIES INC operates as a Public Charity. The organization reported $3.9M in revenue, $3.8M in expenses, $4.2M in total assets for fiscal year 2024. Imperigo tracks 52 reported grant relationships connected to this organization totaling approximately $4.6M.

EIN: 042690210 FITCHBURG, MA Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$3.9M
Total Expenses$3.8M
Total Assets$4.2M
Grant Records52
Funding Total$4.6M
Filing Years2019–2024

Mission

LED BY COMMUNITY MEMBERS OF DIVERSE INCOMES AND BACKGROUNDS, WE DEVELOP QUALITY HOUSING, CREATE ECONOMIC OPPORTUNITIES AND FOSTER CIVIC ENGAGEMENT IN NORTH CENTRAL MASSACHUSETTS.

Where $100 goes at Newvue Communities Inc

How Newvue Communities Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$88 Programs the work itself
$12 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $88 for programs

$41
Housing development
46% of program spending
$24
Housing and financial services
28% of program spending
$11
Community organizing/planning
13% of program spending

Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD DIRECTOR (UNTIL 1/24) Anwar Arenas
BOARD DIRECTOR (UNTIL 6/24) Barbara Abraham
BOARD DIRECTOR Barbara Yanke
BOARD DIRECTOR Beatrice Kabaya
BOARD DIRECTOR Carolyn Sellars
BOARD ASSISTANT TREASURER Christina Dirusso

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,588,627 28 grants
Health & Medicine
$274,780 5 grants
Housing & Homelessness
$141,500 4 grants
Economic Development
$72,500 8 grants
Environment & Conservation
$34,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $3.9M $3.8M $4.2M
2023 $4.1M $3.9M $4.3M
2022 $3.7M $3.4M $3.7M
2020 $2.0M $1.7M $5.8M
2019 $1.9M $1.5M $5.5M

Between 2019 and 2024, reported annual revenue grew from $1.9M to $3.9M (+105%), with total assets most recently reported at $4.2M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for NEWVUE COMMUNITIES INC

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